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China's foreign firms are struggling to survive due to unprecedented difficulties and uncertainties amid strict COVID-19 lockdowns in the country.
China foreign firms are struggling to survive due to unprecedented difficulties and uncertainties amid strict COVID-19 lockdowns in the country.
Sitting on the fence may appear to be a precarious position for China’s foreign businesses in a time of unprecedented difficulties and uncertainties. But for some, the wait-and-see approach remains their safest option – at least for now.